Posted in banking, business, capitalism, economy, politics, retail, sales, tagged banking, congress, consumer, consumer law, credit, credit bureau, fees, finance, government, laissez-faire, marketing, profit, protection, rules on February 21, 2008 | 1 Comment »
You’ve heard the old adage “the most valuable thing is a good name”. You might even hold this to be true. If you listen to the credit industry marketplace, you would be convinced that the protection racket is more concerned about your good name than you are. For example, our friends at freecreditreport.com are singing [...]
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Posted in banking, business, commentary, economy, government, jobs, tagged bank, bond, confidence, credit, fear, federal reserve, finance, government, hysteria, insure, invest, investment, money, politics, psychology, subprime, us-news on February 16, 2008 | No Comments »
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“Busted: Bankers and the Digital Economy”
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Posted in banking, business, retail, technology, tagged addiction, America, atm, bank, convenience, credit, customer, fees, finance, late, money, overdraft, us-news on January 29, 2008 | No Comments »
Overdraft fees have increased. ATM fees are up. Credit card rates are expected to rise, followed by late fees as the market tightens. ABC News 1/27/08 “Today, customers want more than a bank. They want a financial ally who makes itself available to them on their terms.” This is how a bank in India paints [...]
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Posted in banking, business, commentary, economy, tagged bank, credit, debt, devaluation, federal reserve, fiat, global economy, inflation, labor, loan, money, money-creation, productivity, us-news, usury on January 21, 2008 | No Comments »
To most people, money is what gives them a warm and fuzzy feeling. The illusion of money is that as long as you think you have plenty of it, you are just fine. People have been conditioned to think that money is prosperity. In the 1950s, a millionaire was something special and enjoyed notoriety in [...]
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Posted in banking, capitalism, economy, retail, self, terrorism, tagged bank, banking, card, cash, credit, credit card, debit, debit card, electronic, money, stash on January 9, 2008 | No Comments »
Keeping cash on hand for at least three days worth of living expenses is a good idea. However, I would find a better place than a kitchen drawer. What is wrong with a private stash of cash, preferably in small bills for easier spending? Nothing. What would you do if the ATM machines suddenly stopped [...]
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Posted in banking, capitalism, commentary, government, politics, retail, sales, tagged banker, business, China, christmas, corporate, credit, credit crunch, devalued, dollar, economy, global, global economy, greed, growth, India, jobs, manufacturing, MasterCard, oligarchy, overseas, retail, sales, Saudi Arabia, sour grapes, third world, united states, vitality, wealth on December 26, 2007 | No Comments »
Just before Christmas, MasterCard released their findings on holiday period spending for this year. They reported that spending from Thanksgiving to Christmas increased “a mere” 3.6 percent over last year. MasterCard Advisors, the promotional services arm of MasterCard, reported that this increase is the weakest performance in at least four years. In the same yearly [...]
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